464 Sherbourne Street, Toronto, ON M4X 1K2
Cabbagetown-South St. James Town, Toronto · Near Sherbourne St & Wellesley · View map
About this home
RESTAURANT BUSINESS FOR SALE | PRIME DOWNTOWN TORONTO LOCATION | APPROX. 1,500 SQ. FT. MAIN FLOOR + 1,000 SQ. FT. BASEMENT | APPROX. 40-SEAT CAPACITY | MONTHLY RENT $5,537 INCLUDING HST & TMI | 5(2.5 Left) + 5 YEAR LEASE | EXCELLENT TRANSIT ACCESSExcellent opportunity to acquire a restaurant business in a highly connected and densely populated downtown Toronto neighbourhood. The premises feature approximately 1,500 sq. ft. on the main floor, plus approximately 1,000 sq. ft. of basement space, with seating for approximately 40 guests.Affordable monthly rent of approximately $5,537, including HST and TMI. Approximately 2.5 years of the current lease term have been completed, with a 5-year term plus a further 5-year renewal option. Buyer and buyer's agent to independently verify all lease terms, measurements and permitted uses.Located steps from street-level transit and approximately a 9-minute walk from Sherbourne Subway Station. Surrounded by high-density residential communities, schools, parks, community facilities, hospitals and everyday amenities, offering strong potential for dine-in, takeout and food-delivery operations.An excellent opportunity for an owner-operator or experienced restaurateur looking to establish or expand their business in a central Toronto location. Please do not go direct or speak with employees. All showings and inquiries must be arranged through the listing brokerage.
The home
- Type
- Sale of business
- Square footage
- 1344 sq ft
- Bathrooms
- 2
- Lot size
- 16 x 84 ft
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Sherbourne St & Wellesley
- Neighbourhood
- Cabbagetown-South St. James Town
More
- MLS® number
- C13725626
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
464 Sherbourne Street, Toronto, ON M4X 1K2
Cabbagetown-South St. James Town, Toronto · Near Sherbourne St & Wellesley
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Listing history for 464 Sherbourne Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 464 Sherbourne Street
Answers come straight from this home’s MLS® listing.
How much is 464 Sherbourne Street listed for, and what would it cost each month?
464 Sherbourne Street is listed for $149,000. With 20% down ($29,800), the mortgage payment would be roughly $601 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $694 a month, all in. That figure is an illustration, not a quote.
Is 464 Sherbourne Street freehold or a condo, and is there a monthly fee?
464 Sherbourne Street is a sale of business in Cabbagetown-South St. James Town, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 464 Sherbourne Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 464 Sherbourne Street?
464 Sherbourne Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 464 Sherbourne Street, and what is the lot size?
The lot is listed as 16 x 84 ft.
How is 464 Sherbourne Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 464 Sherbourne Street?
464 Sherbourne Street is in the Cabbagetown-South St. James Town community of Toronto. The nearest main intersection is Sherbourne St & Wellesley. The postal code is M4X 1K2.
Is 464 Sherbourne Street still for sale?
Yes. It is an active listing (MLS® C13725626). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 464 Sherbourne Street asking?
Similar properties for sale nearby right now include 764 St Clair Avenue W at $149,900, 111 - 1585 Markham Road at $149,900 and Food Court - 1265 Military Trail at $129,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 464 Sherbourne Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 464 Sherbourne Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Cabbagetown-South St. James Town, picked by style, size and price.
Sale of business$149,900764 St Clair Avenue W, TorontoHumewood-CedarvaleCourtesy of: RE/MAX SUCCESS REALTYView home →
Sale of business$149,900111 - 1585 Markham Road, TorontoMalvernCourtesy of: RE/MAX EXCELLENCE REAL ESTATEView home →
Sale of business$129,000Food Court - 1265 Military Trail, TorontoHighland CreekCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →Courtesy of: GET HOME REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.